Sterling has continued to rise to meet a new six-month high against the dollar, analysts pointed to the increasing confidence both in the UK economic outlook and worries about the U.S. recovery. The pound strengthened to $ 1.5965, the highest level achieved since they beginning of February.

The United Kingdom has seen optimistic data manufacturing sector and robust profitability of the bank. But there is speculation that the U.S. may have to pump money into the economy to sustain growth in the resort. This assumption of the so-called quantitative easing – already done in the UK – the dollar less attractive to invest in any currency.

Such reports led to the dollar, where “an abysmal,” said Jane Foley, research director at Forex.com. The dollar fell against several other currencies including the euro. Meanwhile, sterling was down slightly against the euro at € 1.2042. Earlier this week, showed that had the U.S. figures, economic growth slowed from April to June. U.S. GDP grew at an annualized rate of 2.4%, compared to an annual rate of 3.7% in the previous quarter.